The highest interest rates since July sent mortgage applications—and in particular, refinance applications—down sharply, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending October 1.
Category: News and Trends
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“It is clear Ms. McCargo has the requisite deep understanding of key housing finance policy issues, as well as a demonstrated track record of working collaboratively with industry, government and housing advocates, to lead Ginnie Mae effectively.
–MBA President & CEO Robert Broeksmit, CMB, in a letter of support to the Senate Banking Committee for Alanna McCargo’s nomination to head Ginnie Mae.
Industry Briefs Oct. 7, 2021: WFG Whitepaper Examines Title Agent-Underwriter Relationship
WFG National Title Insurance Co., Portland Ore., published a new whitepaper that explores the title agent-underwriter relationship in great detail. The paper, “Creating a True Partnership Between Title Agencies and Underwriters,” is available as a free download on the WFG Blocks website.
Joseph D’Urso of TitleEase on Franchising Title Agencies
MBA NewsLink spoke with Joseph D’Urso, CEO of TitleEase, on the advantages of the franchise model and its potential benefits to lenders.
Erika Martin of Enact: How the Customer Experience Has Changed Throughout the Pandemic
Customer interactions in every industry saw significant transitions to digital interactions, but this was an especially large adjustment within the mortgage industry; an industry that still relied heavily on in-person interactions and paper documentation. Let’s discuss just how much the industry has changed in the past year and a half.
SEC Issues Sample Letter to Firms on Climate Change Disclosures
The Securities and Exchange Commission recently gave companies a preview of how it will look at their climate-related disclosures. Specifically, the SEC’s Division of Corporate Finance released a sample letter detailing the sorts of hard questions and requests the SEC will consider when they conduct a review of a company’s disclosures related to climate change.
Student Housing Trends: A Q&A with JLL
MBA NewsLink interviewed JLL Capital Markets Senior Director Teddy Leatherman and JLL Valuation Advisory Senior Vice President Kai Pan about the current state of the student housing market and what might be in store for the sector.
MBA Annual21: Concert MBA Presents OneRepublic to Benefit MBA Opens Doors Foundation
OneRepublic will take the stage for Concert MBA at the Mortgage Bankers Association’s Annual Convention & Expo to benefit the MBA Opens Doors Foundation.
MBA Weekly Applications Survey Oct. 6, 2021: Rising Rates Send Applications Tumbling
The highest interest rates since July sent mortgage applications—and in particular, refinance applications—down sharply, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending October 1.
Office Demand Increases, But Full Return Remains Far Off
New demand for office space rose in August, indicating the Delta variant did little to damp employers’ searches.